I think we have recently hit the bottom of a cup formation. Ethereum broke out about 14 hours ago, and ever since then it's been bullish AF. Support levels are on a steady uptrend. The one week high fell with no real complications about 2 hours ago. This all points towards a bullish trend. If the cup forms fully it is likely there will be a dropoff or handle formation afterwards. Buy the dips and hopefully we will see a megabull emerge from the depths. Good luck friends!
Trade closed: target reached:
The megabull was unleashed much sooner than I anticipated! But I think this level of growth is unsustainable, so be careful guys. Consider taking profits soon.
Comment:
I think I will sell 40-50% and wait for the dip.
